• Latest
  • Trending
FG Approves N25,000 Special Grant For Vulnerable Pensioners

Alleged N585m Scandal: Why I Approved Payment Into Private Accounts- Betta Edu

January 6, 2024
PPMC fixes petrol ex-depot price at N138.62 per litre

Dangote Refinery reduces petrol price to N1,200/litre

April 8, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Court Remands Housewife for Allegedly killing her 3-day-old Stepson

April 8, 2026
EFCC Arrests One for Naira Mutilation in Maiduguri

EFCC Arrests One for Naira Mutilation in Maiduguri

April 8, 2026

Iran Confirms two-week ceasefire

April 8, 2026
Trump Reacts To Acquittal, Lauds Legal Team For Upholding Justice

Ceasefire deal: Trump Agrees To Suspend Bombing Of Iran For Two Weeks

April 8, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Guber Polls: My Victory Is God’s Will- Bala Mohammed

Bauchi APC caucus rejects Bala Mohammed’s defection move

April 8, 2026
5 Corp Members Die In Abaji Road Accident, President Buhari Pays Tribute

NYSC Releases schedule for 2026 Batch ‘A’ Stream II Orientation Course

April 8, 2026
Save Democracy: Atiku, Amaechi, Aregbesola, Kwankwaso, Obi lead protest

Save Democracy: Atiku, Amaechi, Aregbesola, Kwankwaso, Obi lead protest

April 8, 2026
Gov Mutfwang suspends mining activities in Plateau

Plateau Govt Relaxes Curfew in Jos North

April 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Wednesday, April 8, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Alleged N585m Scandal: Why I Approved Payment Into Private Accounts- Betta Edu

by Present Nigeria
January 6, 2024
in News
0
FG Approves N25,000 Special Grant For Vulnerable Pensioners
28
SHARES
55
VIEWS
FacebookTwitterWhatsappTelegram

Following the alleged financial corruption scandal rocking the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, where a document emerged  that the Minister, Edu Betta allegedly diverted N585,198,500.00 into a personal account, has led to some other facts emerging.

Speculations are rife that that Edu directed to the Office of the Accountant-General of the Federation, the Minister instructed the disbursement of N585,198,500.00 to one, Oniyelu Bridget.

RelatedPosts

Dangote Refinery reduces petrol price to N1,200/litre

Court Remands Housewife for Allegedly killing her 3-day-old Stepson

EFCC Arrests One for Naira Mutilation in Maiduguri

The document also showed that the payment of the N585.198 million grant, meant for vulnerable groups in Akwa Ibom, Cross River, Ogun and Lagos states, was made into Oniyelu’s account.

But in his reactions to the development, the Special Assistant on Media and Publicity to the Minister, Rasheed Zubair said N585.198 million payment for the vulnerable group followed due process.

He stated that the payment of the grant to the account of an individual, Oniyelu Bridget, was because the fellow currently serves as the Project Accountant of Grants for Vulnerable Groups.

He explained that the payment of the N585.198 million grant was meant for vulnerable groups in Akwa Ibom, Cross River, Ogun and Lagos states.

“For the avoidance, the said N585m was approved, and it is meant to implement grants to vulnerable groups in Akwa Ibom, Cross River, Ogun, and Lagos states.

“We must note that GVG was first launched in Kogi State, where recipients testified. Akwa Ibom and Cross River were launched in December 2023. Kogi already happened in November, and others will be launched in the coming weeks.

“The general public is invited to note that the Renewed Hope Grant for Vulnerable Groups is one of the social intervention schemes of the Federal Government, which the Ministry of Humanitarian Affairs and Poverty Alleviation is implementing.

“Oniyelu Bridget is the Project Accountant for GVG from the Department of Finance, and it is legal in civil service for a staff, the project accountant, to be paid and use the same funds legally and retire the same with all receipts and evidence after the project or programme is completed”, he stated.

Meanwhile, the development caused a stir on social media as Nigerians wondered why a huge sum of the Federal Government’s money would be paid to an individual’s account.

It was gathered that public sector financial regulations of 2009 prohibit the payment of public funds to the account of a private individual.

Section 713 of the law states, “Personal money shall in no circumstances be paid into a government bank account, nor shall any public money be paid into a private bank account. An officer who pays public money into a private account is deemed to have done so with fraudulent intention.”

Recall that President Bola Ahmed Tinubu barely four days ago suspended the National Coordinator of the National Social Investment Programme Agency, Halima Shehu, an agency under Edu, over alleged financial misappropriation.

Consequently, Halima Shehu was detained and drilled by the Economic Financial Crimes Commission, EFCC, over an alleged N44 billion fraud.

Following an investigation, EFCC froze N30 billion moved from NSIPA’s accounts.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

Lagos Govt Issues Stern Warning To Distributors Of Fake Drinks

Next Post

Senate Denies Receiving N200m Palliative Rice

Related Posts

Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Court Remands Housewife for Allegedly killing her 3-day-old Stepson

April 8, 2026
EFCC Arrests One for Naira Mutilation in Maiduguri

EFCC Arrests One for Naira Mutilation in Maiduguri

April 8, 2026

Iran Confirms two-week ceasefire

April 8, 2026
Trump Reacts To Acquittal, Lauds Legal Team For Upholding Justice

Ceasefire deal: Trump Agrees To Suspend Bombing Of Iran For Two Weeks

April 8, 2026
Next Post
Abaribe, Abdullahi Resign As Minority, Majority Leaders

Senate Denies Receiving N200m Palliative Rice

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.